Penn is currently in the first year of a two-year, $21 million extension he signed after a holdout in September 2017. His base salary in 2018 is $6 million, but only $3 million is guaranteed. He can also earn an additional $2.35 million in bonuses and incentives, per OverTheCap.com.

Penn, 35, is currently on the PUP list and has not participated in training camp, as he continues to work his way back foot surgery he underwent at the tail end of the 2017 season.

It remains to be seen what kind of player Penn will be after his injury, but he has been an elite left tackle since he signed with the Raiders in 2014. If he is unwilling to accept a pay cut, Oakland appears willing to enter the season with first-round pick Kolton Miller at the position.

That would be a risky situation for the Raiders’ offense, which must keep Derek Carr healthy and out of pressure to operate at a high level.

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